Tech Trends: May 5 (5 stories)
Tuesday, 5 May 2026 Daily Technology GLOBAL
Here is your Daily summary for Technology across the world for Tue 5th May 2026
DeepInfra has secured $107 million in Series B funding, led by Nvidia and Samsung, to enhance its cloud inference platform aimed at resolving AI compute bottlenecks. This investment underscores the growing demand for efficient AI solutions as the sector expands. Meanwhile, rival Cerebras Systems is eyeing a substantial $3.5 billion IPO to strengthen its position in the competitive AI chip market.
Palantir Technologies has provided a positive revenue outlook despite disappointing commercial sales, indicating resilience amid a broader software selloff. The company aims to demonstrate its value to investors, while Apple continues to thrive, driven by strong demand from affluent consumers, highlighting a shift in consumer behavior that could influence future sales strategies.
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Nvidia Backs DeepInfra in $107 Million Raise
Bloomberg Technology 4 May 2026, 6:08pmCloud inference platform DeepInfra closes a $107 million in Series B funding round, backed by the likes of Nvidia and Samsung, as it aims to tackle bottlenecks in AI compute. DeepInfra CEO Nikola Borisov speaks with Caroline Hyde on “Bloomberg Tech.” (Source: Bloomberg)
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Nvidia Rival Cerebras Seeks to Raise $3.5 Billion in US IPO
Bloomberg Technology 4 May 2026, 10:16amCerebras Systems Inc. is seeking to raise as much as $3.5 billion in an initial public offering, as the artificial intelligence chipmaker and data center operator looks to counter rivals in the red-hot sector.
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Palantir Beats on Revenue Outlook, Misses on Commercial Sales
Bloomberg Technology 4 May 2026, 8:09pmPalantir Technologies Inc. issued a better-than-expected revenue outlook for the year, even while posting disappointing US commercial sales in the first quarter.
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Apple’s Outlook Boosted by High-Income Demand with Julie Ask
Bloomberg Technology 4 May 2026, 4:44pmJulie Ask, a tech futurist and advisor specializing in consumer behavior, discusses the robust demand for Apple products among the company's affluent customer base. She highlights that despite broader market challenges, high-income consumers remain eager to purchase key Apple devices such as the iPhone, iPad, and Mac. (Source: Bloomberg)
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Palantir Looks to Prove It Doesn’t Belong in Software Selloff
Bloomberg Technology 4 May 2026, 11:45amPalantir Technologies Inc. heads into its first-quarter earnings with something to prove to investors: That it’s been wrongly caught up in the selloff that has gripped software stocks for months.